How much does solar PV cost in China?
Province-level solar PV supply curves in China were constructed. PV technical potential was estimated around 39.6 PWh to 442 PWh. The uncertainty of PV technical potential was quantified. The cost of PV ranges from 0.12 CNY/kWh to 7.93 CNY/kWh. China's PV economic potential far exceeds its projected electricity demand.
How to estimate China's solar PV power generation potential?
This study aims to estimate China's solar PV power generation potential by following three main steps: suitable sites selection, theoretical PV power generation and total cost of the system.
How to reduce the cost of PV power generation in China?
To reduce this financial gap and manage the decrease of PV costs, the Chinese government published the Notice on matters of PV power generation in 2018, which is referred to as the “531” policy, reducing the subsidies for PV from 0.36 CNY/kWh to 0.32 CNY/kWh.
Does China have a solar PV potential?
Similarly, some researchers have previously estimated China's solar PV potential. Yu et al. (2023) utilized multi-criteria decision mode and random forest algorithm to calculate China's large-scale and distributed solar PV power generation potentials in prefecture-level cities.
How to promote solar PV installation in China?
Since 2009, the Chinese government has taken a series of measures to promote solar PV installation in China. In March 2009, the Ministry of Finance and the Ministry of Housing and Urban-Rural Development initiated the first national PV program to subsidize BIPV systems larger than 50 kWp with 0.2 RMB/Wp (equivalent to 0.12–0.20 RMB/kWh).
How much will PV electricity cost in China by 2015?
According to our analysis, if electricity prices of the provinces remain unchanged, the cost of PV electricity could be reduced to 0.52–1.22 RMB/kWh by 2015, which is comparable with the grid prices in regions with large PV capacity and high electricity prices, such as Guangdong, Beijing, and Shanghai.
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